PURCHASING AND PROCUREMENT FOR THE BEGINNER

2 days

Purchasing and procurement extends past getting the products and services that an organization needs at the right time and the right price. This field has evolved to include strategic relationship building, supply chain management, and communication with stakeholders to continually improve processes and results.

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Topics include:

The value of procurement
The five rights of purchasing
Checklist for supplier evaluation
The purchasing cycle
Managing competitive bidding with RFPs and RFQs
Techniques for successful negotiation
Risk management
Agile procurement
The role of cross-functional teams in purchasing and procurement
Tools of the trade, such as EDI, ERP, and e-commerce